Potential Sell Alert

SPI200 Index

The SPI200 is extended at current resistance levels so we are expecting to see a washout of resistance at 5703 and then a lower high build for a potentials sell entry and move down to and maybe through 5672. The contract for September expires today and then the December contract takes over so we expect to see some action.

Index : SPI200 Index

Current Price : 5709

Status : On watch for washout and lower high